Optima Insurance Brokers Pvt. Ltd.

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Our views on important risk issues and emerging risks.

Industry News

Vehicles without clean pollution certificates to be denied insurance

August 17, 2017

The Supreme Court has directed that motor insurance renewals are not to be allowed without a valid Pollution Under Control…

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Biggest general insurer state-owned insurance entity to apply to float shares.

August 11, 2017

India’s largest general insurer, the government-owned New India Assurance, has filed a draft red herring prospectus with the Securities and…

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India to record maximum rise in healthcare cost in Asia Pacific region

August 8, 2017

India is projected to be in the top of the chart in the Asia Pacific region that would see maximum…

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Global reinsurers reduce exposure to crop insurance.

July 31, 2017

The Indian government-sponsored crop insurance scheme (PMFBY) launched last year is losing its sheen for the global reinsurers.The coverage under…

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Mandatory insurance cover for ECR passport holders from August 1

July 24, 2017

With effect from August 1, Insurance has been made mandatory for all Emigration Check Required (ECR) category passport holders who…

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Government pulls up PSU general insurers over underwriting practices

July 17, 2017

To ensure the financial stability of the PSU general insurers, government has ordered for the strict adherence to the prudent…

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Low Portability Rate in Health Insurance

July 12, 2017

IRDA allowed health insurance portability in July 2011. Since then the number of health policies which have been ported is…

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Need to expand auto accident injury insurance scheme

June 27, 2017

The Union road transport ministry along national highways connecting Gurgaon to Jaipur, Mumbai to Vadodara, and Ranchi to Mahaulia launched…

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Private insurers overtakes PSU insurers for the first time

June 21, 2017

In 2000, the private companies were allowed in insurance sector and at present there are 31 general insurance companies in…

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Impact of GST on insurance

June 12, 2017

Full form of GST is Goods and Services Tax. It is an indirect tax reform which aims to remove tax…

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